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Author Topic: Faster adoption  (Read 7786 times)
Ed4252 (OP)
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July 16, 2014, 06:37:34 PM
 #1

How many of you are actually asking stores/restaurants if they'll accept bitcoin?

These stores won't add it if you don't ask.

I'm talking about the local/small ones.
keithers
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July 16, 2014, 08:29:00 PM
 #2

How many of you are actually asking stores/restaurants if they'll accept bitcoin?

These stores won't add it if you don't ask.

I'm talking about the local/small ones.

I can see asking stores that you really really want to accept BTC.   But going and being a spokesperson for BTC adoption is going to be pretty time consuming, given the whole speech you will have to give business owners.  If you are retired and this is something that you enjoy doing, then I get it...but otherwise, I think your time would be better spent doing something else...

I think Bitpay and Coinbase and other companies like this are already marketing to businesses and trying to do this, because it means more profits for them.   
BitchicksHusband
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July 16, 2014, 08:32:15 PM
 #3

How many of you are actually asking stores/restaurants if they'll accept bitcoin?

These stores won't add it if you don't ask.

I'm talking about the local/small ones.

I can see asking stores that you really really want to accept BTC.   But going and being a spokesperson for BTC adoption is going to be pretty time consuming, given the whole speech you will have to give business owners.  If you are retired and this is something that you enjoy doing, then I get it...but otherwise, I think your time would be better spent doing something else...

I think Bitpay and Coinbase and other companies like this are already marketing to businesses and trying to do this, because it means more profits for them.   

I just routinely ask places before I buy.  That way, somebody will eventually mention that people have been asking for it.

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
Dalmar
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July 16, 2014, 09:29:57 PM
 #4

Why bother? It's not like BTC is even that useful in retail. Let it first prove itself by conquering the international remittances market and e-commerce.


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zhinkk
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July 16, 2014, 09:30:59 PM
 #5

How many of you are actually asking stores/restaurants if they'll accept bitcoin?

These stores won't add it if you don't ask.

I'm talking about the local/small ones.


This is a great idea. Keyword: ask. That's it. That's all you have to do. If they are interested, they will ask more. If not, move on. Do not force it upon them. That gives bitcoiners the wrong image.
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July 16, 2014, 10:07:11 PM
 #6

Why bother? It's not like BTC is even that useful in retail. Let it first prove itself by conquering the international remittances market and e-commerce.

Yes. The strength in bitcoin is in the international remittances market and service. Not local payment gateway.

temen
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July 16, 2014, 10:17:02 PM
 #7

I talked about bitcoin when on vacation and a bit drunk with guy who owns couple of bigger food stores. He was very interested when i mentioned that there wont be any actual handling costs etc. He said banks can charge like 5 percent of the value of purchase (especially if using rarer card, like amex in here finland (here its rare on smaller towns and countryside)). Whole profit goes to the bank in these cases, but he still needs to offer this kind of service because of the reputation.

I told him about the public ledger, decentralization and global network doing this stuff.

I told him how these payments are made by phone scanning qr code etc.

He said that if central government issues a ban on this kind of thing, then "the normal person" will let go off bitcoin.

I told him about finnish bitcoin site bittiraha.fi and said that from there he would get more info.

After this conversation turned on more ordinary subjects.

Best part of it was that he didnt reject the idea at all.
hollowframe
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July 16, 2014, 11:05:08 PM
 #8

Why bother? It's not like BTC is even that useful in retail. Let it first prove itself by conquering the international remittances market and e-commerce.

Yes. The strength in bitcoin is in the international remittances market and service. Not local payment gateway.
Although there are advantages with bitcion for international remittances, the market really does not match what bitcoin can really offer. Most international payments are done by large corporations in sizes that are much higher then the market cap of bitcoin.
zhinkk
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July 16, 2014, 11:06:31 PM
 #9

Why bother? It's not like BTC is even that useful in retail. Let it first prove itself by conquering the international remittances market and e-commerce.

Why is it not useful in retail? I love the idea of not having to depend on a credit card company to buy simple, cheap items. If I can just scan a QR code and pay directly that sounds so much easier and convenient.
cinder
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July 16, 2014, 11:29:26 PM
 #10

Why bother? It's not like BTC is even that useful in retail. Let it first prove itself by conquering the international remittances market and e-commerce.

Why is it not useful in retail? I love the idea of not having to depend on a credit card company to buy simple, cheap items. If I can just scan a QR code and pay directly that sounds so much easier and convenient.

Price volatility is the main reason.
Dalmar
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July 17, 2014, 12:41:16 AM
 #11

Why bother? It's not like BTC is even that useful in retail. Let it first prove itself by conquering the international remittances market and e-commerce.

Why is it not useful in retail? I love the idea of not having to depend on a credit card company to buy simple, cheap items. If I can just scan a QR code and pay directly that sounds so much easier and convenient.

Volatility and it's kind of awkward having to pull out QR codes.

Also, in many places there are barely any cost savings as a lot of people do not even use credit cards but cheap chip and pin systems.


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tabnloz
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July 17, 2014, 01:06:18 AM
 #12

Retail outlets should love bitcoin. It saves money, offers them zero risk (using bitpay et al) and is basically a one time set up.

Problem is reputation and experience. The media narrative has been car crash themed (blood and guts ie negative, sells). And they already know how to use POS and Cc. For small businesses they often dont want to take the time to learn the basics.

It'll be a slow uptake until we cross that tipping point, then it'll be normal!
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July 17, 2014, 01:14:04 AM
 #13

As Iron Man guy said: "Sometimes, you have to run, before you can walk"

Bitcoin needs to be taken more seriously than now, really big bussines getting into it, then those small merchants should be piece of cake...
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July 17, 2014, 01:24:40 AM
 #14

Why bother? It's not like BTC is even that useful in retail. Let it first prove itself by conquering the international remittances market and e-commerce.

What exactly is a remittance and why does bitcoin stand to help the remittance market? I've heard remittances described as the act of immigrant workers sending money back to their homelands. Are these all remittances are, or is there a broader definition?
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July 17, 2014, 02:23:15 AM
 #15

As Iron Man guy said: "Sometimes, you have to run, before you can walk"

Bitcoin needs to be taken more seriously than now, really big bussines getting into it, then those small merchants should be piece of cake...

I think the beauty in it is that it is perfect for both small and big businesses. We even have newegg on board. THAT'S HUGE. And we also have small coffee shops and such. It works equally amazingly for both types of businesses.
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July 17, 2014, 05:17:55 AM
 #16

I think it needs to be more widely accepted online (Amazon.com, Ebay, etc, etc).  Once that happens, it will then become more common/adopted at "normal" retail places.  Smiley
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July 17, 2014, 08:15:47 PM
 #17

I think Bitcoin is best used for retail but for things that aren't local  The lower fees help with cost of shipping etc.  People don't appreciate how many options for global business this opens on the person to person level.  Thanks to the internet and Bitcoin the world doesn't seem so big and more things I didn't have access to are now in my withing my reach hypothetically speaking.
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July 17, 2014, 08:43:01 PM
 #18

How many of you are actually asking stores/restaurants if they'll accept bitcoin?

These stores won't add it if you don't ask.

I'm talking about the local/small ones.

i've asked several, and explained how easy/cheap it is to do through bitpay. they all look at me like im some sort of crazy trying to pay with monopoly money.

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July 17, 2014, 08:59:50 PM
 #19

Why bother? It's not like BTC is even that useful in retail. Let it first prove itself by conquering the international remittances market and e-commerce.

Why is it not useful in retail? I love the idea of not having to depend on a credit card company to buy simple, cheap items. If I can just scan a QR code and pay directly that sounds so much easier and convenient.

since entering your debit pin takes too much effort?   haha just kidding..
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July 17, 2014, 09:28:06 PM
 #20

i asked a couple small businesses in my neighborhood. they didn't seem too interested. actually, both of them seemed to think i was shady....

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